New Hope Corporation Limited · ASX:NHC
New Hope — H1 FY26 Earnings Presentation
19 slides from New Hope's earnings presentation, Mar 17, 2026
Slide 1: New Hope Group FY26 Half Year Results
New Hope Group FY26 Half Year Results ASX:NHC 17 March 2026
Slide 2: Important Notice
Important Notice This presentation contains information about New Hope Corporation Limited and its subsidiaries (together, New Hope or the Group) in summary form only, and should be read in conjunction with other announcements made by New Hope to the ASX (copies of which are available at www.asx.com
Slide 3: FY26 Half Year Highlights
FY26 Half Year Highlights Rob Bishop Chief Executive Officer New Hope Group FY26 Half Year Results 3
Slide 4: Key highlights for the half year ended January 2026
Key highlights for the half year ended 31 January 2026 Operational highlights1 Financial highlights1 Safety – TRIFR2 ROM coal production Fully franked interim dividend Underlying EBITDA3 3.80 7.9Mt 10.0¢ $214.8M 18.0% increase 4.3% decrease Per share 58.5% decrease Saleable coal production Coal sale
Slide 5: Safety performance
Safety performance Safety performance All Injury Frequency Rate (AIFR) 40 3.80 27.51 35 33.32 29.69 29.77 30.20 32.60 32.66 29.30 Safety – TRIFR Safety – AIFR 30 27.10 27.51 18.0% increase 6.1% improvement 25 20 Jan-22 Jul-22 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 Jul-25 Jan-26 Total Recordable Injury F
Slide 6: Operational performance
Operational performance1 Group Prime waste movement (Mbcm) 34.7 34.7Mbcm 7.9Mt 5.5Mt 35 28.4 30.7 30 Prime waste ROM coal Saleable coal 25 movement production production 20 12.9% increase 4.3% decrease 0.4% increase 15 10 Bengalla Mine 5 - 1HFY24 1HFY25 1HFY26 25.1Mbcm 4.4Mt 3.8Mt Bengalla Mine New
Slide 7: Financial performance
Financial performance Realised price (incl. hedging) Investing in Bengalla Mine, New $139.4/t Cash flow from operations Acland Mine and Malabar $185M 214.8 22.7% decrease (29.8) 707.3 (143.9) Underlying margin (incl. hedging) (7.5) 616.8 Includes 4.25% coupon payment on $300m convertible bond (124.1
Slide 8: Costs & margin
Costs & margin 1HFY26 underlying margin ($/t) gC NEWC 6000 historical pricing (US$/t) 1HFY25 average - US$136/t 150 59.4 28.2 10.9 40.9 140 March 2026 – Iran conflict 130 - 20 40 60 80 100 120 140 160 1HFY26 average - US$108/t 1 120 FOR Port & rail Trade coal Royalties Underlying margin2 110 1HFY25
Slide 9: Capital management
Capital management Uses of cash flow Cash flows from our assets • New Acland Mine Growth Capital1 • Road construction and re-alignments - $65m - $75m Sustaining capital Growth capital M&A opportunities to maintain existing for organic production • Equipment purchases – up to $50m aligned to strategy
Slide 10: Outlook
Outlook Our organic production profile provides cost effective, low-risk growth Saleable coal production1,2 Bengalla Growth Project providing increased output capability 16 ~15.0Mt Actual saleable 14 coal production 12 New Acland Mine ramping up to ~5Mtpa 10.7Mt 10 9.1Mt 8 7.2Mt Maxwell Mine ramping
Slide 11: Appendices
Appendices New Hope Group FY26 Half Year Results 11
Slide 12: Our operations and markets
Our operations and markets1 Operating coal mines Agricultural operations Port facility Offices Bengalla Bengalla New Hope Group head office (Brisbane) Agricultural New Hope Japan office (Tokyo) (thermal) (80% joint venture, open-cut) Company Queensland Bulk Handling Acland New Acland Pastoral (therm
Slide 13: Financial performance
Financial performance 31 January 31 January Underlying EBITDA1 ($m) 2026 2025 $m $m 1,747 1,577 Underlying EBITDA1 before non-regular items 214.8 517.3 860 766 517 367 215 Depreciation and amortisation (115.7) (95.8) FY21 FY22 FY23 FY24 FY25 1HFY25 1HFY26 Net interest expense (10.7) (7.1) Net profit
Slide 14: Shareholder returns
Shareholder returns Dividends declared cents per share (cps) Cumulative TSR performance (%)1 200 300 7,000 279 273 Total return on investment since IPO ~8.6x 180 greater than the ASX All Ordinaries2 +5,241% 6,000 250 160 140 5,000 200 120 4,000 US$/t 100 150 +608% cps 136 86cps 119 3,000 80 103 108
Slide 15: Bengalla Mine, NSW operations
Bengalla Mine, NSW operations Bengalla Mine FY26 Half Year Results1 25.1Mbcm 4.4Mt 3.8Mt Prime waste ROM coal Saleable coal movement production production 11.7% increase 22.3% decrease 9.9% decrease Bengalla Mine saleable coal production (Mt)1 9 8 7 Operational Highlights 6 5 • Large scale, low-cost
Slide 16: New Acland Mine, Queensland operations
New Acland Mine, Queensland operations Operational Highlights New Acland Mine FY26 Half Year Results • Low-strip ratio asset ramping up to ~5Mtpa of saleable coal 9.6Mbcm 3.5Mt 1.6Mt • At steady state, New Acland Mine is expected to have a comparable Prime waste ROM coal Saleable coal FOR1 cash cost
Slide 17: Malabar Resources Limited, NSW operations
Malabar Resources Limited, NSW operations Maxwell Mine FY26 Half Year Results 0.2Mt 0.2Mt 10% ROM coal Coal Premium to production sales gC NEWC 6000 Maxwell Mine Project • Underground project possessing high-quality SSCC1 and thermal coal Maxwell Mine targeted saleable coal production (Mt)2 • Bord a
Slide 18: FY26 Guidance
FY26 Guidance FY26 Guidance FY26 Guidance Change1 FY26 Half Year New Hope Group2 Revised Previous ROM coal production (‘000t) 15,700 – 17,700 15,700 – 17,700 - 7,926 Saleable coal production (‘000t) 10,200 – 11,500 10,200 – 11,500 - 5,458 Coal sales (‘000t) 10,200 – 11,500 10,200 – 11,500 - 5,571 NS
Slide 19: Coal. Energy. Agriculture. Responsibly. Reliably.
Coal. Energy. Agriculture. Responsibly. Reliably. Contact us Level 18/175 Eagle Street, Brisbane City QLD 4000 (07) 3418 0500 newhopegroup.com.au